EV Traction Motor Market
EV Traction Motor Market - Global Industry Assessment & Forecast
#
Pages:
147
Base Year:
2022
Jul - 2022
Format:
Report Code:
VMR-1708
Segments Covered
By
Motor Type Permanent Magnet Synchronous EV Traction Motors (PSM), Asynchronous EV Traction Motors (ASM)
-
By
Voltage Ratings High Voltage EV Traction Motors, Low Voltage EV Traction Motors
-
By
Vehicle Type Traction Motors for Electric Vehicles, Traction Motors Plug-in Hybrid Electric Vehicles, Traction Motors Mild Hybrid Vehicles, Traction Motors Full Hybrid Vehicles
-
By
Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
 Base Year:
|
2022 |
| Forecast
Years:
|
2023 - 2030 |
 Historical
Years:
|
2017 - 2021 |
 Revenue
2022: |
USD 7652.62 Million |
 Revenue 2030:
|
USD 45322.03 Million |
 Revenue CAGR
(2023 - 2030): |
24.90% |
Fastest Growing Region (2023 -
2030)
|
Asia Pacific |
Largest Region (2022):
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
EV Traction Motor Market Segment Analysis
- EV Traction Motor Motor Type Outlook (Revenue, USD Million, 2018 - 2030)
- Permanent Magnet Synchronous EV Traction Motors (PSM)
- Asynchronous EV Traction Motors (ASM)
- EV Traction Motor Voltage Ratings Outlook (Revenue, USD Million, 2018 - 2030)
- High Voltage EV Traction Motors
- Low Voltage EV Traction Motors
- EV Traction Motor Vehicle Type Outlook (Revenue, USD Million, 2018 - 2030)
- Traction Motors for Electric Vehicles
- Traction Motors Plug-in Hybrid Electric Vehicles
- Traction Motors Mild Hybrid Vehicles
- Traction Motors Full Hybrid Vehicles
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America EV Traction Motor Market, by Motor Type
- Permanent Magnet Synchronous EV Traction Motors (PSM)
- Asynchronous EV Traction Motors (ASM)
-
North America EV Traction Motor Market, by Voltage Ratings
- High Voltage EV Traction Motors
- Low Voltage EV Traction Motors
-
North America EV Traction Motor Market, by Vehicle Type
- Traction Motors for Electric Vehicles
- Traction Motors Plug-in Hybrid Electric Vehicles
- Traction Motors Mild Hybrid Vehicles
- Traction Motors Full Hybrid Vehicles
- U.S.
- U.S. EV Traction Motor Market, by Motor Type
- Permanent Magnet Synchronous EV Traction Motors (PSM)
- Asynchronous EV Traction Motors (ASM)
- U.S. EV Traction Motor Market, by Voltage Ratings
- High Voltage EV Traction Motors
- Low Voltage EV Traction Motors
- U.S. EV Traction Motor Market, by Vehicle Type
- Traction Motors for Electric Vehicles
- Traction Motors Plug-in Hybrid Electric Vehicles
- Traction Motors Mild Hybrid Vehicles
- Traction Motors Full Hybrid Vehicles
- U.S. EV Traction Motor Market, by Motor Type
- Canada
- Canada EV Traction Motor Market, by Motor Type
- Permanent Magnet Synchronous EV Traction Motors (PSM)
- Asynchronous EV Traction Motors (ASM)
- Canada EV Traction Motor Market, by Voltage Ratings
- High Voltage EV Traction Motors
- Low Voltage EV Traction Motors
- Canada EV Traction Motor Market, by Vehicle Type
- Traction Motors for Electric Vehicles
- Traction Motors Plug-in Hybrid Electric Vehicles
- Traction Motors Mild Hybrid Vehicles
- Traction Motors Full Hybrid Vehicles
- Canada EV Traction Motor Market, by Motor Type
-
Mexico
- Mexico EV Traction Motor Market, by Motor Type
- Permanent Magnet Synchronous EV Traction Motors (PSM)
- Asynchronous EV Traction Motors (ASM)
- Mexico EV Traction Motor Market, by Voltage Ratings
- High Voltage EV Traction Motors
- Low Voltage EV Traction Motors
- Mexico EV Traction Motor Market, by Vehicle Type
- Traction Motors for Electric Vehicles
- Traction Motors Plug-in Hybrid Electric Vehicles
- Traction Motors Mild Hybrid Vehicles
- Traction Motors Full Hybrid Vehicles
- Mexico EV Traction Motor Market, by Motor Type
-
North America EV Traction Motor Market, by Motor Type
- Europe
-
Europe EV Traction Motor Market, by Motor Type
- Permanent Magnet Synchronous EV Traction Motors (PSM)
- Asynchronous EV Traction Motors (ASM)
-
Europe EV Traction Motor Market, by Voltage Ratings
- High Voltage EV Traction Motors
- Low Voltage EV Traction Motors
-
Europe EV Traction Motor Market, by Vehicle Type
- Traction Motors for Electric Vehicles
- Traction Motors Plug-in Hybrid Electric Vehicles
- Traction Motors Mild Hybrid Vehicles
- Traction Motors Full Hybrid Vehicles
- U. K.
- U.K. EV Traction Motor Market, by Motor Type
- Permanent Magnet Synchronous EV Traction Motors (PSM)
- Asynchronous EV Traction Motors (ASM)
- U.K. EV Traction Motor Market, by Voltage Ratings
- High Voltage EV Traction Motors
- Low Voltage EV Traction Motors
- U.K. EV Traction Motor Market, by Vehicle Type
- Traction Motors for Electric Vehicles
- Traction Motors Plug-in Hybrid Electric Vehicles
- Traction Motors Mild Hybrid Vehicles
- Traction Motors Full Hybrid Vehicles
- U.K. EV Traction Motor Market, by Motor Type
- France
- France EV Traction Motor Market, by Motor Type
- Permanent Magnet Synchronous EV Traction Motors (PSM)
- Asynchronous EV Traction Motors (ASM)
- France EV Traction Motor Market, by Voltage Ratings
- High Voltage EV Traction Motors
- Low Voltage EV Traction Motors
- France EV Traction Motor Market, by Vehicle Type
- Traction Motors for Electric Vehicles
- Traction Motors Plug-in Hybrid Electric Vehicles
- Traction Motors Mild Hybrid Vehicles
- Traction Motors Full Hybrid Vehicles
- France EV Traction Motor Market, by Motor Type
-
Germany
- Germany EV Traction Motor Market, by Motor Type
- Permanent Magnet Synchronous EV Traction Motors (PSM)
- Asynchronous EV Traction Motors (ASM)
- Germany EV Traction Motor Market, by Voltage Ratings
- High Voltage EV Traction Motors
- Low Voltage EV Traction Motors
- Germany EV Traction Motor Market, by Vehicle Type
- Traction Motors for Electric Vehicles
- Traction Motors Plug-in Hybrid Electric Vehicles
- Traction Motors Mild Hybrid Vehicles
- Traction Motors Full Hybrid Vehicles
- Germany EV Traction Motor Market, by Motor Type
-
Italy
- Italy EV Traction Motor Market, by Motor Type
- Permanent Magnet Synchronous EV Traction Motors (PSM)
- Asynchronous EV Traction Motors (ASM)
- Italy EV Traction Motor Market, by Voltage Ratings
- High Voltage EV Traction Motors
- Low Voltage EV Traction Motors
- Italy EV Traction Motor Market, by Vehicle Type
- Traction Motors for Electric Vehicles
- Traction Motors Plug-in Hybrid Electric Vehicles
- Traction Motors Mild Hybrid Vehicles
- Traction Motors Full Hybrid Vehicles
- Italy EV Traction Motor Market, by Motor Type
-
Spain
- Spain EV Traction Motor Market, by Motor Type
- Permanent Magnet Synchronous EV Traction Motors (PSM)
- Asynchronous EV Traction Motors (ASM)
- Spain EV Traction Motor Market, by Voltage Ratings
- High Voltage EV Traction Motors
- Low Voltage EV Traction Motors
- Spain EV Traction Motor Market, by Vehicle Type
- Traction Motors for Electric Vehicles
- Traction Motors Plug-in Hybrid Electric Vehicles
- Traction Motors Mild Hybrid Vehicles
- Traction Motors Full Hybrid Vehicles
- Spain EV Traction Motor Market, by Motor Type
-
Rest of Europe
- Rest of Europe EV Traction Motor Market, by Motor Type
- Permanent Magnet Synchronous EV Traction Motors (PSM)
- Asynchronous EV Traction Motors (ASM)
- Rest of Europe EV Traction Motor Market, by Voltage Ratings
- High Voltage EV Traction Motors
- Low Voltage EV Traction Motors
- Rest of Europe EV Traction Motor Market, by Vehicle Type
- Traction Motors for Electric Vehicles
- Traction Motors Plug-in Hybrid Electric Vehicles
- Traction Motors Mild Hybrid Vehicles
- Traction Motors Full Hybrid Vehicles
- Rest of Europe EV Traction Motor Market, by Motor Type
-
Europe EV Traction Motor Market, by Motor Type
- Asia Pacific
-
Asia Pacific EV Traction Motor Market, by Motor Type
- Permanent Magnet Synchronous EV Traction Motors (PSM)
- Asynchronous EV Traction Motors (ASM)
-
Asia Pacific EV Traction Motor Market, by Voltage Ratings
- High Voltage EV Traction Motors
- Low Voltage EV Traction Motors
-
Asia Pacific EV Traction Motor Market, by Vehicle Type
- Traction Motors for Electric Vehicles
- Traction Motors Plug-in Hybrid Electric Vehicles
- Traction Motors Mild Hybrid Vehicles
- Traction Motors Full Hybrid Vehicles
- China
- China EV Traction Motor Market, by Motor Type
- Permanent Magnet Synchronous EV Traction Motors (PSM)
- Asynchronous EV Traction Motors (ASM)
- China EV Traction Motor Market, by Voltage Ratings
- High Voltage EV Traction Motors
- Low Voltage EV Traction Motors
- China EV Traction Motor Market, by Vehicle Type
- Traction Motors for Electric Vehicles
- Traction Motors Plug-in Hybrid Electric Vehicles
- Traction Motors Mild Hybrid Vehicles
- Traction Motors Full Hybrid Vehicles
- China EV Traction Motor Market, by Motor Type
- Japan
- Japan EV Traction Motor Market, by Motor Type
- Permanent Magnet Synchronous EV Traction Motors (PSM)
- Asynchronous EV Traction Motors (ASM)
- Japan EV Traction Motor Market, by Voltage Ratings
- High Voltage EV Traction Motors
- Low Voltage EV Traction Motors
- Japan EV Traction Motor Market, by Vehicle Type
- Traction Motors for Electric Vehicles
- Traction Motors Plug-in Hybrid Electric Vehicles
- Traction Motors Mild Hybrid Vehicles
- Traction Motors Full Hybrid Vehicles
- Japan EV Traction Motor Market, by Motor Type
-
Germany
- Germany EV Traction Motor Market, by Motor Type
- Permanent Magnet Synchronous EV Traction Motors (PSM)
- Asynchronous EV Traction Motors (ASM)
- Germany EV Traction Motor Market, by Voltage Ratings
- High Voltage EV Traction Motors
- Low Voltage EV Traction Motors
- Germany EV Traction Motor Market, by Vehicle Type
- Traction Motors for Electric Vehicles
- Traction Motors Plug-in Hybrid Electric Vehicles
- Traction Motors Mild Hybrid Vehicles
- Traction Motors Full Hybrid Vehicles
- Germany EV Traction Motor Market, by Motor Type
-
India
- India EV Traction Motor Market, by Motor Type
- Permanent Magnet Synchronous EV Traction Motors (PSM)
- Asynchronous EV Traction Motors (ASM)
- India EV Traction Motor Market, by Voltage Ratings
- High Voltage EV Traction Motors
- Low Voltage EV Traction Motors
- India EV Traction Motor Market, by Vehicle Type
- Traction Motors for Electric Vehicles
- Traction Motors Plug-in Hybrid Electric Vehicles
- Traction Motors Mild Hybrid Vehicles
- Traction Motors Full Hybrid Vehicles
- India EV Traction Motor Market, by Motor Type
-
South Korea
- South Korea EV Traction Motor Market, by Motor Type
- Permanent Magnet Synchronous EV Traction Motors (PSM)
- Asynchronous EV Traction Motors (ASM)
- South Korea EV Traction Motor Market, by Voltage Ratings
- High Voltage EV Traction Motors
- Low Voltage EV Traction Motors
- South Korea EV Traction Motor Market, by Vehicle Type
- Traction Motors for Electric Vehicles
- Traction Motors Plug-in Hybrid Electric Vehicles
- Traction Motors Mild Hybrid Vehicles
- Traction Motors Full Hybrid Vehicles
- South Korea EV Traction Motor Market, by Motor Type
-
South East Asia
- South East Asia EV Traction Motor Market, by Motor Type
- Permanent Magnet Synchronous EV Traction Motors (PSM)
- Asynchronous EV Traction Motors (ASM)
- South East Asia EV Traction Motor Market, by Voltage Ratings
- High Voltage EV Traction Motors
- Low Voltage EV Traction Motors
- South East Asia EV Traction Motor Market, by Vehicle Type
- Traction Motors for Electric Vehicles
- Traction Motors Plug-in Hybrid Electric Vehicles
- Traction Motors Mild Hybrid Vehicles
- Traction Motors Full Hybrid Vehicles
- South East Asia EV Traction Motor Market, by Motor Type
-
Rest of Asia Pacific
- Rest of Asia Pacific EV Traction Motor Market, by Motor Type
- Permanent Magnet Synchronous EV Traction Motors (PSM)
- Asynchronous EV Traction Motors (ASM)
- Rest of Asia Pacific EV Traction Motor Market, by Voltage Ratings
- High Voltage EV Traction Motors
- Low Voltage EV Traction Motors
- Rest of Asia Pacific EV Traction Motor Market, by Vehicle Type
- Traction Motors for Electric Vehicles
- Traction Motors Plug-in Hybrid Electric Vehicles
- Traction Motors Mild Hybrid Vehicles
- Traction Motors Full Hybrid Vehicles
- Rest of Asia Pacific EV Traction Motor Market, by Motor Type
-
Asia Pacific EV Traction Motor Market, by Motor Type
- Latin America
-
Latin America EV Traction Motor Market, by Motor Type
- Permanent Magnet Synchronous EV Traction Motors (PSM)
- Asynchronous EV Traction Motors (ASM)
-
Latin America EV Traction Motor Market, by Voltage Ratings
- High Voltage EV Traction Motors
- Low Voltage EV Traction Motors
-
Latin America EV Traction Motor Market, by Vehicle Type
- Traction Motors for Electric Vehicles
- Traction Motors Plug-in Hybrid Electric Vehicles
- Traction Motors Mild Hybrid Vehicles
- Traction Motors Full Hybrid Vehicles
- Brazil
- Brazil EV Traction Motor Market, by Motor Type
- Permanent Magnet Synchronous EV Traction Motors (PSM)
- Asynchronous EV Traction Motors (ASM)
- Brazil EV Traction Motor Market, by Voltage Ratings
- High Voltage EV Traction Motors
- Low Voltage EV Traction Motors
- Brazil EV Traction Motor Market, by Vehicle Type
- Traction Motors for Electric Vehicles
- Traction Motors Plug-in Hybrid Electric Vehicles
- Traction Motors Mild Hybrid Vehicles
- Traction Motors Full Hybrid Vehicles
- Brazil EV Traction Motor Market, by Motor Type
- Argentina
- Argentina EV Traction Motor Market, by Motor Type
- Permanent Magnet Synchronous EV Traction Motors (PSM)
- Asynchronous EV Traction Motors (ASM)
- Argentina EV Traction Motor Market, by Voltage Ratings
- High Voltage EV Traction Motors
- Low Voltage EV Traction Motors
- Argentina EV Traction Motor Market, by Vehicle Type
- Traction Motors for Electric Vehicles
- Traction Motors Plug-in Hybrid Electric Vehicles
- Traction Motors Mild Hybrid Vehicles
- Traction Motors Full Hybrid Vehicles
- Argentina EV Traction Motor Market, by Motor Type
-
Rest of Latin America
- Rest of Latin America EV Traction Motor Market, by Motor Type
- Permanent Magnet Synchronous EV Traction Motors (PSM)
- Asynchronous EV Traction Motors (ASM)
- Rest of Latin America EV Traction Motor Market, by Voltage Ratings
- High Voltage EV Traction Motors
- Low Voltage EV Traction Motors
- Rest of Latin America EV Traction Motor Market, by Vehicle Type
- Traction Motors for Electric Vehicles
- Traction Motors Plug-in Hybrid Electric Vehicles
- Traction Motors Mild Hybrid Vehicles
- Traction Motors Full Hybrid Vehicles
- Rest of Latin America EV Traction Motor Market, by Motor Type
-
Latin America EV Traction Motor Market, by Motor Type
- Middle East & Africa
-
Middle East & Africa EV Traction Motor Market, by Motor Type
- Permanent Magnet Synchronous EV Traction Motors (PSM)
- Asynchronous EV Traction Motors (ASM)
-
Middle East & Africa EV Traction Motor Market, by Voltage Ratings
- High Voltage EV Traction Motors
- Low Voltage EV Traction Motors
-
Middle East & Africa EV Traction Motor Market, by Vehicle Type
- Traction Motors for Electric Vehicles
- Traction Motors Plug-in Hybrid Electric Vehicles
- Traction Motors Mild Hybrid Vehicles
- Traction Motors Full Hybrid Vehicles
- GCC Countries
- GCC Countries EV Traction Motor Market, by Motor Type
- Permanent Magnet Synchronous EV Traction Motors (PSM)
- Asynchronous EV Traction Motors (ASM)
- GCC Countries EV Traction Motor Market, by Voltage Ratings
- High Voltage EV Traction Motors
- Low Voltage EV Traction Motors
- GCC Countries EV Traction Motor Market, by Vehicle Type
- Traction Motors for Electric Vehicles
- Traction Motors Plug-in Hybrid Electric Vehicles
- Traction Motors Mild Hybrid Vehicles
- Traction Motors Full Hybrid Vehicles
- GCC Countries EV Traction Motor Market, by Motor Type
- South Africa
- South Africa EV Traction Motor Market, by Motor Type
- Permanent Magnet Synchronous EV Traction Motors (PSM)
- Asynchronous EV Traction Motors (ASM)
- South Africa EV Traction Motor Market, by Voltage Ratings
- High Voltage EV Traction Motors
- Low Voltage EV Traction Motors
- South Africa EV Traction Motor Market, by Vehicle Type
- Traction Motors for Electric Vehicles
- Traction Motors Plug-in Hybrid Electric Vehicles
- Traction Motors Mild Hybrid Vehicles
- Traction Motors Full Hybrid Vehicles
- South Africa EV Traction Motor Market, by Motor Type
-
Rest of Middle East & Africa
- Rest of Middle East & Africa EV Traction Motor Market, by Motor Type
- Permanent Magnet Synchronous EV Traction Motors (PSM)
- Asynchronous EV Traction Motors (ASM)
- Rest of Middle East & Africa EV Traction Motor Market, by Voltage Ratings
- High Voltage EV Traction Motors
- Low Voltage EV Traction Motors
- Rest of Middle East & Africa EV Traction Motor Market, by Vehicle Type
- Traction Motors for Electric Vehicles
- Traction Motors Plug-in Hybrid Electric Vehicles
- Traction Motors Mild Hybrid Vehicles
- Traction Motors Full Hybrid Vehicles
- Rest of Middle East & Africa EV Traction Motor Market, by Motor Type
-
Middle East & Africa EV Traction Motor Market, by Motor Type
- North America
Vantage Market
Research | 20-Jul-2022
FAQ
Frequently Asked Question
What is the global demand for EV Traction Motor in terms of revenue?
-
The global EV Traction Motor valued at USD 7652.62 Million in 2022 and is expected to reach USD 45322.03 Million in 2030 growing at a CAGR of 24.90%.
Which are the prominent players in the market?
-
The prominent players in the market are Zytek Group Limited, ZF TRW Automotive Holdings Corporation, YASA Motors Ltd., Valeo SA, SKF AB, Parker-Hannifin Corp., Magnetic System Technology, Bharat Heavy Electricals Ltd., ABB Limited.
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 24.90% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the EV Traction Motor include
- Increasing stringency of emission regulations has pushed OEMs to manufacture and sell electric and hybrid vehicles
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the EV Traction Motor in 2022.
